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EURCHF: Double Bottom Emerges Near the Floor Level
Euro (EUR) opened with a major gap and extended upside movement against the Swiss Franc (CHF) on Monday, increasing the price of EURCHF to more than 1.2030 following the Swiss Referendum on Sunday. The short term bias has turned slightly bullish due to a Higher Low on the four hour timeframe. A double bottom pattern has also emerged on the four-hour chart which eyes a rally above the 1.2100 handle.
Monday, 01 Dec, 2014 / 3:47
Source : http://capitaltrustmarkets.com/eurchf-double-bottom-emerges-near-floor-level
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Dovish ECB expectations might limit any upside potential – EUR/USD Market Outlook – 27/10/2020
The Euro bulls, once again, found support at the 1.18 level, despite major [...]
Global stock markets closed in the red on Monday, while the US dollar has [...]
